Can you ovulate after skipping a period? Please help

Becky • ttc
Ok so I'm 5 days late on my period. Took tests everyday since period due and all negative and no pregnancy symptoms. This morning, I accidently peed on an opk stick instead of a pregnancy test and I was shocked to see a positive result on the opk. Does that mean I'm ovulating? Is it even possible, even though I have not yet even had my period? Please can someone give me advice? So confused. Thanks 

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